Thu.Aug 24, 2023

article thumbnail

The New Jersey Business Corporation Act to Permit Corporate Conversions/Domestications

JD Supra: Mergers

Effective November 4, 2023, the New Jersey Business Corporation Act (the Act) will be amended to permit conversions and domestications across all business entity types, including foreign and domestic corporations. The delay in effectiveness is to allow the New Jersey Division of Revenue Services in the Department of the Treasury (the Filing Office) time to implement changes to accommodate these actions.

article thumbnail

A Milestone I Am Grateful For

H. Friedman Search

“We interrupt our regularly scheduled broadcast to bring you a special announcement.” I think I had too much of Hurricane Hilary these past few days. It is affecting my writing style. In truth, our thoughts go out to those on the West Coast who were hit way worse than we did. Now to our regularly scheduled blog about our cottage-size industry. How Many Years Has It Been In This Cottage-Size Industry?!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sony is buying gaming headphone maker, Audeze

TechCrunch: M&A

Sony Interactive Entertainment (basically the PlayStation wing) today announced plans to acquire Audeze, the company has confirmed with TechCrunch. The Orange Country, California-based firm is best known for its high-end headphones, targeted at gamers and audio producers. The hardware is often priced into four-figures, but the company earns consistently high marks from reviewers and users alike.

article thumbnail

Insurers Owe Coverage for Settlement Despite Bump-Up Provision

JD Supra: Mergers

Applying Delaware law, the Superior Court of the State of Delaware has held that a bump up provision did not bar coverage of a settlement that resolved claims asserting breaches of fiduciary duty. On December 4, 2019, the insured media company merged with another media company. Stockholders brought several lawsuits challenging the merger and asserted claims for breach of fiduciary duty against the insured’s directors, officers, and controlling stockholders for their roles in negotiating and.

Insurance 130
article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Private Equity: SEC Adopts Private Fund Adviser Rules

Deal Lawyers

Yesterday, the SEC announced the adoption of new rules and amendments intended to tighten the regulation of private fund advisers. Here’s the whopping 660-page adopting release and here’s the 3-page Fact Sheet.

More Trending

article thumbnail

Majority of prop trading firms obliged to join FINRA under expanded SEC rule

The TRADE

The Securities and Exchange Commission (SEC) has moved to expand the remit of national securities associations such as the Financial Industry Regulatory Authority (FINRA). to cover previously exempt proprietary trading firms. The move to increase the number of broker dealer firms registering with FINRA comes as the commission aims to promote fair, orderly, and more efficient markets.

Trading 98
article thumbnail

[Audio] The Informed Board Podcast | Will the EU’s Focus on Foreign Subsidies Make It More Difficult To Acquire European Businesses?

JD Supra: Mergers

Newly effective EU rules impose another layer of review for acquisitions in Europe. They empower the European Commission to investigate whether either the acquirer or target has received non-EU government subsidies that distort the EU internal market. While the new regulatory regime may not ultimately lead to many blocked deals, it could result in delays, and companies considering M&A in Europe will need to create comprehensive systems to track any government support they receive anywhere in

IT 130
article thumbnail

Drinks With The Deal: Shearman’s Aryani on Getting Comfortable With Discomfort

The Deal

“If you’re not uncomfortable, you’re not learning,” said Lara Aryani, an M&A partner at Shearman & Sterling LLP in New York, on this week’s Drinks With The Deal podcast. As an associate, Aryani embraced that sentiment in changing her focus from capital markets work to M&A. “When I thought about what I wanted to do more of, I was looking to the practice area that I was a little less familiar with, a little bit more uncomfortable in,” she said.

M&A 98
article thumbnail

[Video] Podcast - Counsel That Cares - Increased Investor Interest in Cardiology

JD Supra: Mergers

In this episode of “Counsel That Cares,” healthcare and private equity attorney David G. Marks is joined by Stephen Scott, managing director at Bailey & Company, and Dana Jacoby, president and CEO of Vector Medical Group, to discuss contributing factors for the increased industry demand for cardiology services and the sudden spike of private equity interest in the sector.

article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

Are virtual wallets the future of payments?

Global Banking & Finance

Are virtual wallets the future of payments? Tareq Shaheen, PDM Director, Payment Solutions at Eastnets With the ‘wallet wars’ being waged over recent months, there has been much talk of virtual wallets becoming a vital part of the payments system.

Finance 98
article thumbnail

2023 Accounting Firm Industry Insider Series: Key Takeaways from In-Depth Conversations with Managing Partners (Part 1)

JD Supra: Mergers

The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees. To better understand the landscape of the accounting industry – current and the anticipated future – I have been interviewing managing partners and industry insiders regularly for the past three years.

article thumbnail

What is Vertical SAAS and How Will It Change the Space

Global Banking & Finance

What is Vertical SAAS and How Will It Change the Space By Matt Caiola, Co-CEO of 5WPR, a leading PR agency. Vertical SaaS is a new type of software-as-a-service that is transforming the way businesses operate. It’s also known as industry-specific SaaS or “verticals.

IT 98
article thumbnail

Antitrust Enforcement Agencies Continue to Target Interlocking Directorate Arrangements

JD Supra: Mergers

On August 16, 2023, the Federal Trade Commission (“the FTC”) marked its first enforcement action of the prohibitions on interlocking directorates under Section 8 of the Clayton Act in over 40 years. Section 8 prohibits an officer or director of one firm from simultaneously serving as an officer or director of a competing firm under most circumstances.

Trading 130
article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

Smart Display Market Size to Surpass USD 22.02 Billion by 2029, exhibiting a CAGR of 21.0%

Global Newswire by Notified: M&A

As per the report by Fortune Business Insights, the global Smart Display Market size is projected to reach USD 22.02 Billion by 2029 at a CAGR of 21.0%during the forecast period. As per the report by Fortune Business Insights, the global Smart Display Market size is projected to reach USD 22.02 Billion by 2029 at a CAGR of 21.0%during the forecast period.

article thumbnail

Workers at Gatwick Airport scrap planned strike after improved pay offer

Global Banking & Finance

Workers at Gatwick Airport scrap planned strike after improved pay offer (Reuters) – Planned strikes at Britain’s Gatwick Airport this weekend have been suspended after workers accepted improved pay offers, the Unite trade union said on Thursday.

Trading 97
article thumbnail

ThousandEyes Pi4 Wireless Deployment at Black Hat USA

Cisco: M&A

A deployment guide for wireless ThousandEyes agents deployed to monitor the Black Hat 2023 conference by Adam Kilgore & Ryan MacLennan ThousandEyes (TE) Black Hat 2023 Deployment Guide This guide… Read more on Cisco Blogs

article thumbnail

Russia’s Gazprom Neft Q2 net profit falls 43% y/y

Global Banking & Finance

Russia’s Gazprom Neft Q2 net profit falls 43% y/y MOSCOW (Reuters) -Russian oil major Gazprom Neft said on Thursday its second-quarter net profit fell 43% from the same period last year to 140.1 billion roubles ($1.5 billion) as sales declined.

article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

Akira Ransomware Targeting VPNs without Multi-Factor Authentication

Cisco: M&A

Cisco is aware of reports that Akira ransomware threat actors have been targeting Cisco VPNs that are not configured for multi-factor authentication to infiltrate organizations, and we have observed… Read more on Cisco Blogs

article thumbnail

IVEST snaps up licensing rights to franchise Care Bears for $100m

PE Hub

Included in this transaction are the rights to the Care Bears and other characters and games, including Holly Hobbie and Mad Balls. The post IVEST snaps up licensing rights to franchise Care Bears for $100m appeared first on PE Hub.

88
article thumbnail

Investors make a case for standing by Nvidia after another blowout report

CNBC: Investing

Nvidia's strong earnings report is intensifying the investing community's confidence in the unrivaled chipmaker's AI runway.

article thumbnail

Roark Capital to buy fast-food restaurant chain Subway

PE Hub

J.P. Morgan is serving as financial advisor to Subway while Sullivan & Cromwell LLP is serving as legal counsel. The post Roark Capital to buy fast-food restaurant chain Subway appeared first on PE Hub.

Food 83
article thumbnail

How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

article thumbnail

Goldman’s list of hedge fund favorite stocks is beating the market. Here’s what’s in it

CNBC: Investing

Goldman Sachs' Hedge Fund VIP list represents a tool for investors seeking to "follow the smart money" based on 13F filings.

Funds 94
article thumbnail

CloudFabrix helps organizations observe their vSphere environments with cloud native applications on Cisco FSO Platform

Cisco: M&A

As organizations build, modernize, and deploy business-critical applications including traditional and on-premise, hybrid applications, and modern, distributed (cloud native), they need more… Read more on Cisco Blogs

article thumbnail

Rosenblatt raises its Nvidia price target to a Wall Street high, sees the stock more than doubling

CNBC: Investing

The firm increased its price target on shares to $1,100 from $800 on the back of Nvidia's successful quarterly earnings report.

IT 95
article thumbnail

IVEST’s acquisition of Care Bears rights is a ‘rare opportunity’ for private equity

PE Hub

In the summer of Barbie, IVEST has landed the rights to the Care Bears franchise by buying Cloudco for $100m. The post IVEST’s acquisition of Care Bears rights is a ‘rare opportunity’ for private equity appeared first on PE Hub.

article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

Shein and Forever 21 Team Up in Fast-Fashion Deal

The New York Times: Mergers, Acquisitions and Dive

Shein, the e-commerce giant known for ultralow prices, frequently refreshed stock and questions about working conditions in its supply chain, could sell within Forever 21 stores.

Stock 81
article thumbnail

IVEST buys rights to Care Bears; PSG Equity on AppHub add-ons; SEC rules a Dodd-Frank moment

PE Hub

IVEST scoops up licensing rights to children's franchise Care Bears. The post IVEST buys rights to Care Bears; PSG Equity on AppHub add-ons; SEC rules a Dodd-Frank moment appeared first on PE Hub.

article thumbnail

Building Trust from the Ground Up: The Role of Secure ZTP in Zero Trust Networks

Cisco: M&A

In today’s fast-paced and hyper-connected world, gone are the days when deploying network devices required sending an expert to each location — a cumbersome, time-consuming, and error-prone process… Read more on Cisco Blogs